IF A VEHICLE/TRUCK IS GIVEN ON HIRE TO GTA FOR USING IN TRANSPORTATION OF GOODS BY ROAD. IS ANY LIABILITY OF GST ON FREIGHT PAYMENT ?
GTA GIVES SERVICES TO REGISTERED COMPANY AND RECEIVES FREIGHT PAYMENT.
Giving a transport vehicle on rent to a GTA is an exempted supply of service. So no GST is to be charged on renting of transport vehicle to a GTA.
However GTA providing service to a registered person, registered person needs to pay tax under RCM.
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